[Important Data] Tether's market share falls to 59.55%, the stablecoin market continues to expand.



DeFiLlama data shows that despite the stablecoin market reaching a historic high of over $283 billion, Tether's market dominance has fallen to 59.55%, the lowest level since March 2023. Tether's share of the stablecoin market has dropped below 60% for the first time in over two years, indicating that the market is rapidly expanding. Analysts believe that the passage of the "GENIUS Act" could accelerate institutional adoption, with the total market value of stablecoins expected to reach $1.2 trillion by 2028.
GUSD0.02%
BTC1.8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
Muaaz_Bin_Mehedivip
· 09-01 03:46
[Important Data] Tether's market share falls to 59.55%, the stablecoin market continues to
Reply0
HundredUWarGodGeneralvip
· 08-31 10:20
Teacher Ma, I trapped the hemp.
View OriginalReply1
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)